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IWD vs. IUSV
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IWD vs. IUSV

Last updated Aug 2, 2026
Documentation

IWD (iShares Russell 1000 Value ETF) and IUSV (iShares Core S&P U.S. Value ETF) are both Large Cap Value Equities funds from iShares - IWD tracks the Russell 1000 Value Index while IUSV tracks the S&P 900 Value Index. Both are passively managed. Over the past 10 years, IWD returned 11.56%/yr vs 11.91%/yr for IUSV. Their correlation of 0.95 means they have usually moved in the same direction. IWD charges 0.18%/yr vs 0.04%/yr for IUSV.

Performance

IWD vs. IUSV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Russell 1000 Value ETF (IWD) and iShares Core S&P U.S. Value ETF (IUSV). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, IWD achieves a 20.56% return, which is significantly higher than IUSV's 10.38% return. Both investments have delivered pretty close results over the past 10 years, with IWD having a 11.56% annualized return and IUSV not far ahead at 11.91%.

IWD

1D
0.44%
1M
2.03%
6M
15.34%
YTD
20.56%
1Y
32.78%
3Y*
17.82%
5Y*
11.62%
10Y*
11.56%
ALL TIME*
8.29%

IUSV

1D
-0.22%
1M
0.64%
6M
7.56%
YTD
10.38%
1Y
21.41%
3Y*
13.80%
5Y*
11.39%
10Y*
11.91%
ALL TIME*
11.49%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)

IUSV

iShares Core S&P U.S. Value ETF
$60.14M$63.62M$70.42M

IWD

iShares Russell 1000 Value ETF
$542.34M$454.50M$526.80M

IWD vs. IUSV - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
IWD
iShares Russell 1000 Value ETF		20.56%15.68%14.17%11.34%-7.75%24.95%2.73%26.12%-8.45%13.45%
IUSV
iShares Core S&P U.S. Value ETF		10.38%12.85%12.18%21.73%-5.40%25.22%1.56%31.47%-9.21%15.09%

Correlation

The correlation between IWD and IUSV is 0.92, meaning they have usually moved in the same direction, including during past declines.

Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.92

Correlation (3Y)
Balances recent behavior with more history.

0.96

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.97

Correlation (10Y)
Provides a long-term view across more market conditions.

0.98

Correlation (All Time)
Calculated using the full available price history since Aug 4, 2000

0.95

The correlation between IWD and IUSV has been stable across timeframes, ranging from 0.92 to 0.98 - a consistent structural relationship.

IWD vs. IUSV - Sectors Allocation Comparison

Sectors
IWD
IUSV

Technology

19.7%
20.4%

Financial Services

19.3%
16.1%

Healthcare

12.6%
11.9%

Consumer Cyclical

10.3%
10.0%

Industrials

10.2%
11.2%

Consumer Defensive

7.4%
8.5%

Energy

5.9%
7.3%

Utilities

3.8%
4.4%

Real Estate

3.8%
3.8%

Basic Materials

3.5%
3.6%

Communication Services

3.2%
2.7%

Technology

IWD
19.7%
IUSV
20.4%

Financial Services

IWD
19.3%
IUSV
16.1%

Healthcare

IWD
12.6%
IUSV
11.9%

Consumer Cyclical

IWD
10.3%
IUSV
10.0%

Industrials

IWD
10.2%
IUSV
11.2%

Consumer Defensive

IWD
7.4%
IUSV
8.5%

Energy

IWD
5.9%
IUSV
7.3%

Utilities

IWD
3.8%
IUSV
4.4%

Real Estate

IWD
3.8%
IUSV
3.8%

Basic Materials

IWD
3.5%
IUSV
3.6%

Communication Services

IWD
3.2%
IUSV
2.7%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares Russell 1000 Value ETF

iShares Core S&P U.S. Value ETF

Often compared with IWD:
IWD vs. IWFIWD vs. VTVIWD vs. IWBIWD vs. QQQIWD vs. VONVIWD vs. IWVIWD vs. IWR
Often compared with IUSV:
IUSV vs. IUSGIUSV vs. VTVIUSV vs. SPYIUSV vs. VOOIUSV vs. SCHDIUSV vs. VLUEIUSV vs. DGRO

Return for Risk

IWD vs. IUSV — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.
IWD
IWD Risk / Return Rank: 9494
Overall Rank
IWD Sharpe Ratio Rank: 9595
Sharpe Ratio Rank
IWD Sortino Ratio Rank: 9494
Sortino Ratio Rank
IWD Omega Ratio Rank: 9494
Omega Ratio Rank
IWD Calmar Ratio Rank: 9393
Calmar Ratio Rank
IWD Martin Ratio Rank: 9595
Martin Ratio Rank
IUSV
IUSV Risk / Return Rank: 8585
Overall Rank
IUSV Sharpe Ratio Rank: 8585
Sharpe Ratio Rank
IUSV Sortino Ratio Rank: 8585
Sortino Ratio Rank
IUSV Omega Ratio Rank: 8484
Omega Ratio Rank
IUSV Calmar Ratio Rank: 8484
Calmar Ratio Rank
IUSV Martin Ratio Rank: 8686
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

IWD vs. IUSV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Russell 1000 Value ETF (IWD) and iShares Core S&P U.S. Value ETF (IUSV). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

IWDIUSVDifference
Sharpe ratioReturn per unit of total volatility
2.75
1.98

+0.77

Sortino ratioReturn per unit of downside risk
3.83
2.78

+1.06

Omega ratioGain probability vs. loss probability

1.49

1.36

+0.14

Calmar ratioReturn relative to maximum drawdown

4.58

3.13

+1.45

Martin ratioReturn relative to average drawdown

19.60

12.16

+7.44

IWD vs. IUSV - Sharpe Ratio Comparison

The current IWD Sharpe Ratio is 2.75, which is higher than the IUSV Sharpe Ratio of 1.98. The chart below compares the historical Sharpe Ratios of IWD and IUSV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

IWD vs. IUSV - Drawdown Comparison

The maximum IWD drawdown since its inception was -60.10%, which is greater than IUSV's maximum drawdown of -56.88%. Use the drawdown chart below to compare losses from any high point for IWD and IUSV.

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Drawdown Indicators

IWDIUSVDifference

Max Drawdown

Largest peak-to-trough decline

-60.10%

-56.88%

-3.22%

Max Drawdown (1Y)

Largest decline over 1 year

-6.79%

-6.36%

-0.43%

Max Drawdown (3Y)

Largest decline over 3 years

-15.71%

-17.76%

+2.05%

Max Drawdown (5Y)

Largest decline over 5 years

-19.04%

-17.95%

-1.09%

Max Drawdown (10Y)

Largest decline over 10 years

-38.51%

-37.54%

-0.97%

Current Drawdown

Current decline from peak

-0.09%

-1.12%

+1.03%

Average Drawdown

Average peak-to-trough decline

-8.60%

-6.26%

-2.34%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.59%

1.64%

-0.05%

Volatility

IWD vs. IUSV - Volatility Comparison

iShares Russell 1000 Value ETF (IWD) has a higher volatility of 2.86% compared to iShares Core S&P U.S. Value ETF (IUSV) at 2.67%. This indicates that IWD's price experiences larger fluctuations and is considered to be riskier than IUSV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

IWDIUSVDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.86%

2.67%

+0.19%

Volatility (6M)

Calculated over the trailing 6-month period

8.65%

7.24%

+1.41%

Volatility (1Y)

Calculated over the trailing 1-year period

11.35%

10.10%

+1.25%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.81%

14.45%

+0.36%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.25%

16.99%

+0.26%

IWD vs. IUSV - Expense Ratio Comparison

IWD has a 0.18% expense ratio, which is higher than IUSV's 0.04% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

IWD vs. IUSV - Dividend Comparison

IWD's dividend yield for the trailing twelve months is around 1.39%, less than IUSV's 1.66% yield.

PositionTTM20252024202320222021202020192018201720162015
IUSV
iShares Core S&P U.S. Value ETF		1.66%1.78%2.15%1.75%2.22%1.87%2.40%2.19%2.67%1.93%4.44%7.63%
IWD
iShares Russell 1000 Value ETF		1.39%1.69%1.87%2.02%2.15%1.62%2.05%2.45%2.71%2.09%2.25%2.47%

Frequently Asked Questions

With a correlation of 0.92, IWD and IUSV move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

IWD has higher volatility (2.86%) compared to IUSV (2.67%). In terms of maximum drawdown, IWD dropped -60.10% vs IUSV's -56.88%.

On 10-year performance, IUSV leads with 11.91% vs 11.56% for IWD. On fees, IUSV is cheaper at 0.04% per year. On volatility, IUSV has been the lower-risk option at 2.67%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, IUSV has performed better with a 11.91% return vs 11.56%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

IUSV is cheaper with a 0.04% expense ratio, compared with 0.18% for IWD.

IUSV has the higher dividend yield at 1.66%, compared with 1.39% for IWD.

IWD tracks Russell 1000 Value Index, while IUSV tracks S&P 900 Value Index. Their fees differ too: 0.18% for IWD and 0.04% for IUSV.

IWD currently has the higher Sharpe Ratio (2.75 vs 1.98), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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